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The fuse is lit. Miss out at your own peril. Big next couple of weeks for ARYC!
May be an eventful Friday the 13th??
The breadcrumbs tell me that this FDA approval is HUGE. A lot of the top brass were present at their meeting. Is it because with blood card approval, there are MANY, MANY applications of that same technology that will be pursued under that one approval: allergy testing, cancer testing, DNA testing, Parkinsons testing, Alzheimers testing, etc, etc, etc???? Whoa, look out above if that's the case! And lots of capital will be needed to fund the gargantuan amount of business Arrayit will procure if this is the case. Not too long to wait for results of their efforts to get to a whole new level.
Big time BOOM!
I love it--out of the deep freeze (sub zero) to dollar land! ARYC, a great story in the making.
I concur! All fins by end of July except 2018 Q2 by August 15th.
Agreed. So I'm being conservative to guess $5 in 2 years ; )
IMO $30 is high, .30 is low.
-Fins
-FDA approval
-Financing obtained
-Blood card revs (Albertsons with appx 4,500 stores incl Rite Aid??, Kaiser Permanente w/ 12M members??)-1,700 reps marketing nationally to hospital groups, doctors, pharmacies, etc
-Government contracts including portable food safety testing
-OvaDx?
-Partnering with a top Pharma on clinical trials
-Sending multiple products to distributors worldwide
-Uplist to NASDAQ
etc
etc
etc
My guess is $5 in 2 years. Just my opinion, but with a 92% profit margin on blood cards, and all that is in the que, I think that's a reasonable target.
I know, I know...let's get to .02 first right? Let's get to a nickel first, right? Done! Next up .10. then .20, then .50 then $$$. Good luck to all investors.
All this is just IMO.
Good comments, Sloan. Dr Schena has expressed the desire to uplist to NASDAQ in 2019. That would be a price of $4.00 in less than 18 months.
This week could be really good...and once they connect on Thursday with money managers from private equity firms, this could have a massive explosion upward!!!
It's under Investors/Letter to Shareholders
I don't know what it had on the former Arrayit website, but look what copyright dates are at the bottom of the section in Diagnostics for OvaDx!
New Tweet:Arrayit senior management invited to the prestigious and exclusive invitation-only New York Private Equity Forum at the Yale Club in New York City July 12 2018 featuring breakthrough technology, money managers and ultra-high-end public company networking http://equityforum.com
From SEC.gov:
Delsurfer, thanks for the helpful response. With the way contracts are unfolding, it appears that FDA approval may not be needed for the blood card technology. Or else why could these tests be performed presently, and contracted for with big companies?
Re. why Arrayit hasn't told us what "test" they are pursuing FDA approval for, Alyssa's answer to MikeCr follows.
To MikeCR's earlier post, not sure why the company just can't tell shareholders what test is being reviewed for approval by the FDA. That would put all speculation to rest.
Delsurfer, thanks for the detailed account of your conversation with Mark. It seems from your comments that FDA approval is not needed for Pinnertest nor AllergyGo?
It also appears that maybe the FDA approval is for OvaDX
Awwww-good try. Look how far it's up for the year-over 400%.
That's amazing! With a "few of those" 100M share investors, that's probably half the OS locked up! And that doesn't count many of us out here who are long. Wow, ARYC could go ballistic with fins, FDA approval and a large contract (can anybody spell Albertsons or Kaiser Permanente???)
That's good to know. And the professor is one of those friends, with 15-20% ownership of the OS. Looks like us as small investors are in a good place.
Thanks for talking with Mark and informing us all of your conversation. Nothing has changed for me as a result of reading your comments, but it just builds and reinforces my high impression of him and the staff at Arrayit. They're doing it right. However long it takes for dollars I don't know, but I don't think it'll be as long as some people may think. I'm long here, so I'll wait patiently.
BTW, Mark wants the small investors to succeed. You can tell from what he writes, the way he writes it (email responses "Dear Owner", etc), and the way he's going about the business. Cheers to the rare business leader who's a friend of the small guy. Thanks, Mark!
He explained clearly on several occasions why the fins have been delayed. IMO, he's been very straightforward and transparent about it.
GM Billybob. You're correct. Arrayit is quite some company with incredible management. ARYC is not a ticker to play around with. Great things ahead for 2018 and beyond.
That's good. Good management is key for investing in companies that are in the pennies. Mark is highly intelligent, seems to care about regular investors, and has a good, honest plan to build the company. I applaud him. And BTW, it won't take long with fins, FDA approval, and a national contract or two, to have a company valued easily at over $1.00/share, even with current share structure.
Thanks for taking the time to email the company your concerns, and to fill us in, All In. Great to hear some of Mark's thinking. If it takes longer for the company to grow revs, I'm OK with that. Here for the long haul. I appreciate Mark's concern for all shareholders being able to profit from the company's success.
A great 4th to you HYS. Fireworks symbolic of where this is headed. Holding for dollars and lots more fireworks.
Numbers 1-3 real close. Number 4 pursuing. That's why so many have jumped in.
Vermillion dropped drastically because they had nothing else to sustain the rise. IMO, ARYC is moving rapidly to do so.
I'm not sure. I would bet it was a lot less than ARYC. Yet the fact remains, these type of catalysts can cause SP to explode.
Vermillion was over $30 in 4 months, and they had nothing else going except FDA approval.
I get the distinct impression that Mark and staff are loaded for bear, and are intent on taking their industry by storm. They are going gangbusters.
The consultants advise them on what they need to pursue to uplist. IMO, ARYC isn't that far off from dollars and an uplist. It can happen quicker than you think. We'll stay tuned for big announcements and the company's plans for uplist. Great news!!
WOO HOO!!!! Announce uplisting plans to NASDAQ/NYSE this thing will fly!!!!!
If we get big buyers coming in, who knows where this ends up!
Credit Unions are good. One thing I will watch out for if selling ARYC in the dollars in the future, is to sell in multiple increments in different calendar years so as not to exceed max Adjusted Gross Income levels annually (currently $170K joint filing) for Medicare. If ARYC does well, that could be an issue for some. But at this point, that’s getting the cart before the horse since we’re only at a nickel! I just like to run “what if” scenarios so I know what my plan is.
It’s easy to buy CDs from any bank, no cost. I go through my Schwab account and can purchase from any bank through Schwab. Little to no cost.
I’m not expecting FDA news this week. We’ll see. IMO, with a short trading week, I think it’ll be at least next week before we hear anything.
I don't know if it's significant or not, but in a tweet from yesterday, Mark stated that they were meeting with FDA "top brass." Previous tweets just said they were meeting with the FDA.
Crazyjerry, I'm excited for you and the potential life change ARYC offers. Here's another simple result for you to ponder. At $1/share, if you were to liquidate your shares (not that I recommend that necessarily), you would have approximately $200K after taxes. If you have shares in a retirement account, it's even better, since you would pay taxes only on the money you withdraw, presumably at a much lower rate, and making the amount you withdraw monthly even better. Following a safe route, you could purchase CDs right now returning 3%, take the monthly interest out and be making $500/month ($200K X .03= $6,000/yr)--and still have $200,000 left to pass on to heirs, give to charity, whatever. There you have it, generational wealth, and your needs are met just the same. GLTY and God bless.
Not sure